Strategic Review - update
May 06 2010 - 3:37AM
UK Regulatory
TIDMTIME
RNS Number : 4349L
Timestrip PLC
06 May 2010
6 May 2010
Timestrip PLC ('Timestrip' or 'the Company')
Strategic review - update
Further to the announcement made by the Company earlier today convening a
general meeting for shareholders to consider and approve, inter alia, proposals
relating to the disposal of its trading subsidiaries, the Board confirms that it
has now completed the Strategic Review referred to in the announcement made by
the Company on 19 March 2010.
The Directors also confirm that there have been no third party discussion in
relation to an offer for the Company's shares, accordingly, the Company is no
longer deemed to be in an Offer Period under the terms of the City Code on
Takeovers and Mergers.
** ENDS **
+-----------+-----------+---------------+
| Jonathan | Timestrip | 01462 440 700 |
| Steinberg | plc | |
+-----------+-----------+---------------+
| Liam | Cairn | 020 7148 7903 |
| Murray | Financial | |
| | Advisers | |
+-----------+-----------+---------------+
| | | |
+-----------+-----------+---------------+
| | | |
+-----------+-----------+---------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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